Central banks bought more gold last year than any year since records have been kept.
The Precious Metals Week in Review – May 19th, 2023
Investors are seeking out buying opportunities from temporary price dips to add more physical precious metals into their portfolios.
The Precious Metals Week in Review – March 24th, 2023
It is relatively common that what should be recognized as a warning flag of major trouble is often ignored until things get so bad that it is almost impossible not to notice.
The Precious Metals Week in Review – March 17th, 2023
1. Silicon Valley Bank’s collapse reverberates in global markets. Trading has been halted in First Republic Bank Monday morning after shares dropped by a record 67 percent before the market opened. This is after Joe Biden claimed, “US banking is safe”. The San-Francisco-based bank, whose clientele includes Mark Zuckerberg saw its share price plunge from…
The Precious Metals Week in Review – March 10th, 2023
1. A “perfect storm” is brewing, and markets this year are going to get hit with a recession, a debt crisis, and out-of-control inflation, the economist Nouriel Roubini said. Roubini, one of the first economists to call the 2008 recession, has been warning for months of a stagflationary debt crisis, which would combine the worst…
The Precious Metals Week in Review – February 17th, 2023
1. US Secretary of State Antony Blinken is said to be considering a meeting with Wang Yi, China’s top diplomat, at a security conference later this week. It would be their first face-to-face talk since Beijing ignited an international uproar with an alleged spy balloon lazily moving across the whole US mainland, triggering a spike…
The Precious Metals Week in Review – January 27th, 2023
Volatility should be expected to remain high as investors will be closely watching for hints on upcoming monetary policy direction.
The Precious Metals Week in Review – January 20th, 2023
Many investors have included physical precious metals as part of their diversification plans, given their long history as a hedge against both inflation and during times of economic turmoil.
The Precious Metals Week in Review – January 13th, 2023
The key to profitability through the ownership of physical precious metals is to own the physical product and hold it for the long term.
The Precious Metals Week in Review – January 6th, 2023
1. Happy New Year! And to start off this New Year we have the International Monetary Fund Managing Director Kristalina Georgieva warning that the global economy faces “a tough year, tougher than the year we leave behind. We expect one-third of the world economy to be in recession,” Georgieva said in an interview aired on…